Bid request to begin soon for Surfside collapse site
Preliminary indication is the site is 1.9 acres, according to Avison Young
FULL STORY AT: The Real Deal By Lidia Dinkova
I’m sure the “Insurance Payout & Site Property Sale”
has nothing to do with the Gematria Fingerprints…
‘Surfside’ = 322 (Primes)
An offering memorandum for the Surfside condominium collapse site could be ready within a month, as Avison Young smooths out zoning and other details for the former Champlain Towers South property.
In the meantime, an appraiser is determining the fair market value of each of the units, as a way to hammer out disbursements to survivors and victims’ families from the future sale.
Story Has A Recurring Theme
Who Will WIN the Prime Property Site Bidding For Future Construction?
Surfside, a total ‘WTC’ déjà vu…, we’ll see soon.
Avison Young’s planned offering memorandum for 8777 Collins Avenue is the latest development in the tug-of-war over the site’s future. It puts more of a damper on previous calls to dedicate the entire site for a memorial.
The plan for an offering memorandum was revealed at a Wednesday morning court conference on lawsuits filed in the aftermath of the partial collapse of the 12-story Champlain Towers South more than a month ago. The calamity killed 98. More than a dozen lawsuits have been filed, mostly against the condo association.
Miami-Dade Circuit Judge Michael Hanzman, who is presiding over the lawsuits, has said a fair market property sale is needed to supplement the roughly $48 million in Champlain liability and property insurance, which is not enough to cover payouts.